New Income Tax Slabs In Budget 2020-21: Tax Reduced On Income Up To Rs 15 Lakh ('Without Exemption')

New Income Tax Slabs In Budget 2020-21: With the economy struggling at its lowest levels in over nine years, Union Finance Minister Nirmala Sitharaman announced a cut in income tax rates to keep more money in the hands of Indian tax-payers in order to spur an increase in consumer spending. Here are the new personal income tax rates.

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